Why 50% of schools are leasing their current minibus

Not surprisingly a recent minibus survey from Benchmark Leasing cited cost as the reason for many schools not acquiring a (additional) minibus. Yet only half of schools have considered leasing a minibus as a way around the problem.

Of course, the great benefit of leasing is that there are no large upfront payments so you don’t have to wait until you have raised enough funds to cover the cost of a minibus in order to acquire a (new) one – which would clearly be the case if you were looking to buy a minibus outright.

Additionally, as leasing is an arrangement which makes it possible for schools to fund the minibus through a small payment each month, there is the added benefit of improved budgeting and cash flow.

In fact, leasing a minibus can sometimes work out to be cheaper in the long run due to the rate at which vehicles devalue over time and/or with use – so it is well worth contacting a company like Benchmark Leasing to get a quote for a brand new minibus so that you can look at the figures for yourself.

Furthermore, by leasing a minibus with Benchmark Leasing, the vehicle’s MOTs, repairs* and services are included in the arrangement with the costs conveniently built into the lease price.

To enquire about leasing a brand new minibus with Benchmark Leasing, please do call on 01753 859944 or email us at minibus@benchmarkleasing.co.uk. You might also like to have a look at our website to get a feel for the type of vehicles that we regularly lease to schools.